How Reliance Refinery Is Making Millions From Ukraine War Windfall | Mint - Mint

The refiner, owned by Indian billionaire Mukesh Ambani, is buying discounted cargoes of crude after self-sanctions on Russian fuels by some European Union companies pushed up margins on some oil products to three-year highs

Russias invasion of Ukraine has opened arbitrage opportunities so enticing that Reliance Industries Ltd. deferred maintenance work at the worlds biggest oil refining complex to churn out more diesel … [+2149 chars]

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